RBI Tightens Norms For Digital Lenders Amid Aggressive Recovery Practices
Inside the press room at the Reserve Bank Of India. (Photographer: Karen Dias/Bloomberg)

RBI Tightens Norms For Digital Lenders Amid Aggressive Recovery Practices

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The Reserve Bank of India has reiterated its fair practices code for all lenders and has sought additional documentation for loan contracts signed by digital lenders. This, after reports emerged of...